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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
406 N Gray St is a Commercial Sale built in 1978 featuring 0 bedrooms, 0.43-acre lot.
406 N Gray St is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 406 N Gray St is around $4,564 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
406 N Gray St was built in 1978 (48 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Listing timeline with current price, original ask, and market time.
Prime opportunity for an owner-occupant seeking a highly functional commercial building with exceptional visibility in the city limits of Caldwell. This 7,200 SF freestanding facility sits on the prominent corner of Hwy 21 and Gray Street, offering strong exposure and easy access for customers, clients, and deliveries. The property includes approximately 1,000 SF of finished office space featuring 3 private offices, a conference room, reception and waiting areas, kitchenette, full bathroom, IT closet, and a dedicated shop-manager workspace, suitable for day-to-day business operations. The 4,720 SF heated and cooled shop/warehouse is fully spray-foam insulated and designed for efficiency, with five bay doors, a mezzanine for storage, and multiple power stations suitable for equipment, fabrication, or service operations. Flexible layout supports a wide variety of business types, from trades and service companies to light manufacturing or distribution. Move-in ready and positioned in a high-traffic corridor, this property offers the perfect combination of professional office space and functional shop capacity for a growing business.
Property Type
Commercial Sale
Year Built
1978
Lot Size
0.43 acres
Garage
7 spaces
Listed by Armstrong Properties
Property Details
Flooring
Construction
Foundation
Parking
20% ($130K)
$650,000
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List price
$650,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
167 days
Original to current
No verified reduction
$650K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 8, 2026.
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